ActiveResidential · sale

69302 Serenity Road

Cathedral City, CA 92234

$679,500

  • 2 beds
  • 3 baths
  • 2,518 sq ft
  • 0.2 acres
  • Built 2000

Listed by Windermere Real Estate · MLS #26727629PS

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2000.

Garage parking

2 garage spaces listed.

Property size

0.2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

MAJOR PRICE ENHANCEMENT New sizzling hot price to match our Palm Springs summer season Welcome to your dream home at 69302 Serenity Rd Located in the highly desirable and intimate community of Serenity Cove in Cathedral City near the border of Rancho Mirage This contemporary Mediterranean style luxury single family home has fabulous curb appeal featuring a reimagined desert landscape consisting of lush palms cacti and a vibrant desert display The entrance is grand with stunning bilateral pillars and flanked by dual notably sized sitting areas to enjoy anytime This home comes with a combination of purchased 24 and 30 leased panels 275 monthly with 9 years remaining Dual Zone HVAC systems new water heater x2 Low HOA 18500 monthly Upon entry this exquisite home boasts a grand entrance as well as a formal dining area featuring a Trey ceiling adding extra elegance to the space For elevated listening pleasure the home includes a Bose home stereo surround system extending into patio area In addition to the 2 bedrooms and 3 baths it also features a spacious Bonus roomDen accentuated with darker wood French doors that can be utilized as an additional bedroom or office as well The possibilities are all yours Plantation shutters adorn most windows throughout the home Ceramic tile and pergo floors are featured in the bedrooms and bonus roomden The main living area is abundant in space featuring recessed lighting and a gas fireplace An open concept enabling seamless connection between host and guests The kitchen is a chefs dream with newer appliances featuring 2 sinks ample island and counter space for preparing amazing meals while not missing a beat entertaining guests In addition more dining space at the breakfast bar or dinette area is available Now out to the backyard abundant and hearty Ficus trees line the walls and create a lush Zen like atmosphere This private backyard is spacious and features a sexy inviting spa and sparkling saltwater pool The pool and spa can be controlled via the downloadable Pantera App Imagine relaxing under the Gazebo while enjoying your favorite beverage and savoring the west facing mountain views during early morning or sunset Unwind and enjoy a relaxing jacuzzi before retreating through the adjacent French doors leading to the luxuriously spacious primary bedroom also appointed with a 2nd fireplace and adjacent primary bathroom The 2nd bedroom has an ensuite bathroom as well Located minutes from world class golf courses hiking and other outdoor recreation as well exceptional dining and shopping A quick drive west to downtown Palm Springs or east to El Paseo in Palm Desert This home in Serenity Cove checks all the boxes for your perfect desert oasis and is priced to sell for its new owner Buyer is advised to independently investigate through due diligence of their own to verify MLS information

THE NEIGHBORHOOD

Explore the location.

69302 Serenity Road, Cathedral City, CA 92234

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2000
Full baths
2
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
DoubleOven,Dishwasher,GasCooktop,Disposal,Microwave,Refrigerator,Dryer,Washer
Fencing
Block
Pool
Yes
Pool features
Gunite,Heated,InGround,Private,SaltWater
Spa
Yes
Subdivision
Serenity Cove
Parcel
673493052
HOA amenities
PetRestrictions,Trash
HOA fee frequency
Monthly
HOA fee
$185.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,831.25
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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69302 Serenity Road, Cathedral City, CA 92234 · MLS #26727629PS

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Listing information

MLS #26727629PS · California Regional MLS

Listing brokerage: Windermere Real Estate
Listing agent: Tracey Frazier

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.